The economic shutdown that occurred in early 2020 in the US due to the coronavirus pandemic reduced sales of new …
HOW DIGITAL LENDING IMPROVES THE CUSTOMER JOURNEY FOR BANKS
Bank services and processes have been largely digitized. These days, it’s not even necessary for a bank’s customers to visit …
UNDERSTANDING ELECTRIC VEHICLE LENDING MARKET SHARE FORECAST FOR LENDERS’ GROWTH POTENTIAL
The quickly growing market for sustainable personal transportation is also driving more electric vehicle lending. According to a report by …
AUTO LENDER WITH UNIQUE MARKET FOCUS THRIVES IN AN ECONOMIC DOWNTURN
The year 2020 was challenging for nearly every industry, and the automotive industry was no exception. Disrupted supply chains, assembly …
HOW OUTSOURCING ACCOUNTS RECEIVABLE AND COLLECTIONS IS ADVANTAGEOUS FOR AUTO LENDERS
Unlike loan originations which has a relatively short start to finish cycle and uses automation extensively to bring consistency and …
LEASE OR LOAN ORIGINATION: THE BASICS CAN BE EVEN EASIER WITH THE RIGHT SOFTWARE
Recent economic data indicates that we’re experiencing one of the fastest-growing economies since 1984. As a result, lenders are likely …
BOOST INDIRECT AUTO LENDING OPPORTUNITIES WITH THESE KEY CAPABILITIES
Establishing a mutually beneficial relationship with local auto dealerships can be one of the most effective ways to grow your …
COMPARING CREDIT UNION SOFTWARE VENDORS FOR AUTO LOAN SERVICING IN 2021
If the events of 2020 have caused you to reconsider the efficiency of your auto loan and lease servicing capabilities, …
HOW INDIRECT AUTO LENDING FOR BANKS CAN BE EASIER
For a bank wanting to establish a lending relationship with local auto dealers, the capabilities of a modern lending solution …
SELECTING AN AUTO LOAN ORIGINATION SYSTEM: WHAT BANKS SHOULD LOOK FOR
Modern auto loan origination software is making it easier than ever for banks to respond to loan applications rapidly and …
